Ukrainian IT company Digis merges with Scalamandra — the deal is estimated at $1M

Odesa-based IT company Digis has announced a merger with the outsourcing firm Scalamandra under the name Digis Group, according to Forbes. The deal is estimated between $500,000 and $1 million.

About Digis and Scalamandra

  • Digis is an international software development company founded in 2015 by Mykyta Nagatkin. Currently, the company employs 200 people specializing in turnkey product development and staff augmentation services. The company has offices in Cyprus, Odesa, and Bucharest. Among its clients are PwC, BlaBlaCar, HubSpot, Huma, and others.
  • Scalamandra was founded in 2020. The company has a team of 15 people, specializing in functional programming and staff augmentation of rare engineers proficient in the Scala programming language.

Acquisition details

This decision was driven by personal investments made by the Digis founder Mykyta Nagatkin in the company in 2023. The main goal of the partnership is to provide functional programming services to clients and assist companies in transitioning to other programming languages as needed.

Mykyta Nagatkin estimates the value of the deal to be between $500,000 and $1 million. Scalamandra’s team joins Digis after the deal under the name Digis Group.

Before the merger, in September 2023, Digis managed to secure funding from the Kyiv-based software development holding InSoft.Partners. Read more about the deal, below: